Super Finance Glossary
Over 10,000 financial glossary terms...
In The Money (ITM)
In The Money (ITM)
Definition: A call (put) whose exercise price is lower (higher) than the current price of the underlying; i.e. an option which, if exercised immediately would result in a profit for the buyer of the option.
Definition: A call (put) whose exercise price is lower (higher) than the current price of the underlying; i.e. an option which, if exercised immediately would result in a profit for the buyer of the option.